18811 HEALY Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48234
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 896 sqft
Price per Sqft $89
Subdivision O Connors (Plats)
MLS Listing ID 20250030720
Style Ranch
Bedrooms 3
Full Baths 1
Year Built 1950
Annual Tax Amount $861
Lot Size 3,920 Sqft
Property Sub-Type Ranch
Property Description
This fully renovated, tenant-occupied property is a turnkey investment delivering immediate cash flow with low maintenance. Generating $1,100 in monthly rent and offering an impressive 11.7% ROI, it features recent upgrades including new flooring, fresh paint, and a modernized kitchen and bathroom. The home also includes a spacious basement and detached garage for added storage and functionality. A reliable tenant is already in place on a one-year lease, ensuring rental income from day one. Conveniently located near major freeways, parks like Jayne Field, shopping, dining, and public transit, it offers both investor appeal and tenant satisfaction. With Detroit's continued revitalization, this is a strong opportunity for long-term growth. No showings without an accepted offer—contact us today for more information.
Location
State MI
County Wayne
Area Det 6-8 Dequindre To Conner
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Description 2 Car
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Detroit
Others
Assessment Amount $250
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA